Get started
pecpec

LONG NZDJPY

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
pecpec  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Analysis Support and Resistance NZDJPY LONG support
3
0
trendanalysis supportandresistance nzdjpy long support
Pros
  • Divergences on h4 and daily timeframe.
  • The price is at a resistance level.
  • The price is at a weekly uptrend.
Cons
  • The HCH it's not complete.
  • Strong bearish wave.
Strategy
  • Buy a half at market price and the other half searching for patterns, like double bottom or HCH'.
  • The profit are the last high, but respecting the downtrend.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.